Claim Missing Document
Check
Articles

Found 5 Documents
Search

The Role of Financial Ratios on Optimizing Company Performance At PT Angkasa Pura Retail Fakhru Umam; Sylviana Maya Damayanti
Journal of Economics and Business UBS Vol. 12 No. 2 (2023): Regular Issue
Publisher : UniSadhuGuna Business School

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52644/joeb.v12i2.137

Abstract

In the midst of a situation that is increasingly full of uncertainties, both caused by external conditions such as the global economic crisis, and the covid 19 pandemic and internal conditions such as declining financial performance and HR productivity, organizational responsiveness is needed to anticipate any changes by adapting to the business environment. changes that have the potential to create opportunities and risks for the organization, so it is important for the organization to carry out risk management. This study analyzes corporate risk, innovation capability, leverage, liquidity, and growth on company performance. Data collection is done by recording every data needed in the company's annual report. The data used is a performance report of PT. Angkasa Pura Retail which has been registered and published from 2020 to 2022. The independent variables in this study are corporate risk, innovation capability¸ leverage, liquidity, and growth and the dependent variable in this study is company performance. This study uses a quantitative approach with an explanatory or causal design. The data analysis used in this study is multiple regression with the help of the EViews 10 program. The results show that corporate risk significantly negatively affects company performance. Innovation capability, liquidity, and growth have a significant positive impact on company performance. However, leverage has no impact on company performance.
REAL-TIME FINANCIAL PERFORMANCE MONITORING AT PT SARANA MULTI INFRASTRUKTUR: ENHANCING DECISION-MAKING THROUGH DATA INTEGRATION Mico Suryo Atmahadi; Sylviana Maya Damayanti
Journal of Economic, Bussines and Accounting (COSTING) Vol. 8 No. 3 (2025): COSTING : Journal of Economic, Bussines and Accounting
Publisher : Institut Penelitian Matematika, Komputer, Keperawatan, Pendidikan dan Ekonomi (IPM2KPE)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/costing.v8i3.15354

Abstract

Indonesia’s infrastructure development has expanded rapidly, especially with PT Sarana Multi Infrastruktur (PT SMI) mandated by the Ministry of Finance to support various national projects. Despite its crucial role, PT SMI faces persistent challenges in monitoring financial performance in real-time due to fragmented data systems and manual processes. These issues lead to reporting delays, reduce decision-making speed, and create compliance risks. This study aims to identify the root causes of these problems and propose a practical solution. Using qualitative methods, including semi-structured interviews with top executives (CEO, CFO, and CRO), focus group discussions, and process mapping, the research applied the Current Reality Tree (CRT) method to map core issues. The analysis revealed three main problems: scattered data with no single source of truth, excessive manual steps, and unclear data governance. To address these, the study developed three improvement scenarios (conservative, moderate, aggressive) and validated them using the Delphi method with internal experts. The moderate scenario, which emphasizes centralized data management, automation, and real-time dashboards, was most preferred. The study proposes an implementation roadmap using Scrum methodology, ensuring a structured, flexible approach to enhance financial monitoring at PT SMI.
Business Strategy of Renewable Energy Project to Enhance Revenue in Business Transition Theodorus Tio Wibowo; Sylviana Maya Damayanti; Uke Marius Siahaan
Eduvest - Journal of Universal Studies Vol. 6 No. 3 (2026): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v6i3.52357

Abstract

This research is motivated by the increasing urgency of the global energy transition to reduce carbon emissions and expand the use of renewable energy sources. Indonesia’s energy sector is still heavily dominated by fossil fuels, particularly coal, which contributes more than 60% of the country’s electricity generation. This condition highlights the need for business strategies that can support the development of renewable energy while maintaining sustainable corporate revenue during the transition process. Solar energy through Solar Photovoltaic (PV) technology has emerged as a promising alternative due to its rapidly declining technology costs and relatively faster project implementation compared to other renewable energy sources. This study aims to analyze the economic feasibility and business strategies of Solar PV projects in enhancing company revenue during the energy transition, particularly through Engineering, Procurement, and Construction (EPC) and Build-Own-Operate-Transfer (BOOT) project schemes. The research employs a quantitative approach using financial feasibility analysis methods, including Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period (PBP). The analysis is further supported by sensitivity analysis and the US Index framework to evaluate the most appropriate financing structure. The results show that the Solar PV project in West Java is financially feasible, with an IRR of 20%, which is higher than the Weighted Average Cost of Capital (WACC) of 7.38%, and a payback period of approximately 4–5 years. Furthermore, financing through international bank loans provides the most optimal financial performance, generating the highest NPV and the lowest cost of capital. 
Selecting Line of Business (LOB) Development Priority Using Analytical Hierarchy Process Zico Andrea Aripratama; Sylviana Maya Damayanti
Journal Research of Social Science, Economics, and Management Vol. 5 No. 12 (2026): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v5i12.1562

Abstract

PT Asuransi Kredit Indonesia (Askrindo), a state-owned insurance company and a member of the Indonesia Financial Group (IFG) holding, is currently facing a significant strategic agenda. Prior to this initiative, Askrindo’s parent company experienced a declining performance trend, as reflected by a 20% year-on-year decrease in gross written premiums (GWP) in 2025, while its combined ratio increased to 112% during the same period. This condition differed from the overall industry performance, as data from the Financial Services Authority (Otoritas Jasa Keuangan or OJK) indicated that the general insurance industry recorded 3% premium growth in 2025 while maintaining a combined ratio of approximately 71%. Askrindo’s business portfolio remained highly concentrated in the financial lines of business (LOB), which accounted for 88% of the company’s total portfolio in 2025. Therefore, portfolio diversification through the development of non-financial lines of business has become one of the company’s key strategic priorities. Askrindo needs to optimize its existing LOB portfolio to generate added value and maintain competitive advantage amid the consolidation of state-owned insurance companies.Based on these conditions, this study aimed to evaluate Askrindo’s financial performance compared with industry competitors and other companies within the IFG holding. Furthermore, this study sought to determine priority LOBs for further development using the Analytic Hierarchy Process (AHP). At the LOB level, the AHP framework identified Miscellaneous (microinsurance products), Suretyship, and Property as the priority business lines for further development by Askrindo.
The Financial Ripple Effect: Evaluating the Impact of Corporate Downsizing in Meta Aaron Kevin Sammy Tatengkeng; Sylviana Maya Damayanti; Jagat Prirayani
Journal Research of Social Science, Economics, and Management Vol. 5 No. 4 (2025): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v5i4.1192

Abstract

This study examines the financial ramifications of corporate downsizing on Meta Platforms Inc., focusing on the timeframe from 2018 to 2025, which includes the company's rapid growth and the ensuing "Year of Efficiency" layoffs commencing in late 2022. The study uses a quantitative approach, looking at changes in key financial and operational factors before and after the downsizing intervention. It does this by using Interrupted Time Series Analysis (ITSA) and multiple regression models on quarterly data. There is a lot going on with this "ripple effect." On the one hand, cutting back on staff and costs helped profits and efficiency a lot in the short run. Some numbers, like Return on Assets (ROA) and Operating Margin (OPM), went up after the company was slashed. Operating Income per Employee (OIPE) also went up. This means that employees made more money, mostly because costs were cut. On the other hand, the plan made it harder to get work done. Sales per Employee (SPE) steadily went down, which shows that fewer workers hurt production and may have hurt employee happiness. Also, cutting back on staff did not have a big effect on Return on Equity (ROE) or the Operating Cash Flow to Assets ratio (OCF). This means that laying off workers did not instantly increase short-term liquidity or returns for shareholders. Even when internal variables like R&D intensity and leverage and external macroeconomic factors like GDP growth and inflation were considered, these results stayed the same.